BakeryToken Performance

BAKE -  USA Crypto  

USD 0.26  0.02  7.14%

The crypto shows a Beta (market volatility) of 2.3545, which signifies a somewhat significant risk relative to the market. Let's try to break down what BakeryToken's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, BakeryToken will likely underperform. Even though it is essential to pay attention to BakeryToken historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any crypto's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. BakeryToken exposes twenty-one different technical indicators, which can help you to evaluate its performance.
  
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BakeryToken Performance
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Over the last 90 days BakeryToken has generated negative risk-adjusted returns adding no value to investors with long positions. Despite weak performance in the last few months, the Crypto's forward-looking signals remain somewhat strong which may send shares a bit higher in July 2022. The current disturbance may also be a sign of long term up-swing for BakeryToken investors. ...more

BakeryToken Price Channel

BakeryToken Relative Risk vs. Return Landscape

If you would invest  76.00  in BakeryToken on March 27, 2022 and sell it today you would lose (48.00)  from holding BakeryToken or give up 63.16% of portfolio value over 90 days. BakeryToken is generating negative expected returns and assumes 14.935% volatility on return distribution over the 90 days horizon. Simply put, majority of traded equity instruments are less risky than BakeryToken on the basis of their historical return distribution, and most equity instruments are likely to generate higher returns than the company over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days trading horizon BakeryToken is expected to under-perform the market. In addition to that, the company is 10.3 times more volatile than its market benchmark. It trades about -0.04 of its total potential returns per unit of risk. The DOW is currently generating roughly -0.11 per unit of volatility.

BakeryToken Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for BakeryToken's investment risk. Standard deviation is the most common way to measure market volatility of crypto coins, such as BakeryToken, and traders can use it to determine the average amount a BakeryToken's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.0358

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Negative ReturnsBAKE
Estimated Market Risk
 14.94
  actual daily
 
 96 %
of total potential
 
9696
Expected Return
 -0.53
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 0 %
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Risk-Adjusted Return
 -0.04
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Based on monthly moving average BakeryToken is performing at about 0% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of BakeryToken by adding it to a well-diversified portfolio.

About BakeryToken Performance

To evaluate BakeryToken Crypto Coin as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when BakeryToken generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare BakeryToken Crypto Coin's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand BakeryToken stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents BakeryToken's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
BakeryToken is peer-to-peer digital currency powered by the Blockchain technology. BakerySwap is like Uniswap, but designed to be faster and cheaper. In addition to all of the above, liquidity providers will also be rewarded with BAKE tokens from which they can earn a share of BakerySwaps trading fees and use for voting as part of BakerySwaps governance.Telegram

Things to note about BakeryToken

Checking the ongoing alerts about BakeryToken for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for BakeryToken help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

BakeryToken Alerts

Equity Alerts and Improvement Suggestions

BakeryToken generated a negative expected return over the last 90 days
BakeryToken has high historical volatility and very poor performance
BakeryToken has some characteristics of a very speculative cryptocurrency
Latest headline from www.theverge.com: The Kraken crypto exchange is hiring as long as employees dont call things racist - The Verge
Continue to Trending Equities. Note that the BakeryToken information on this page should be used as a complementary analysis to other BakeryToken's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.

Other Tools for BakeryToken Crypto Coin

When running BakeryToken price analysis, check to measure BakeryToken's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BakeryToken is operating at the current time. Most of BakeryToken's value examination focuses on studying past and present price action to predict the probability of BakeryToken's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move BakeryToken's price. Additionally, you may evaluate how the addition of BakeryToken to your portfolios can decrease your overall portfolio volatility.
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